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HomeMy WebLinkAboutItem 08 - Periodic Quarterly Report of Investments as of September 30, 2021 Finance and Management Services www.santa-ana.org/finance Item # 8 City of Santa Ana 20 Civic Center Plaza, Santa Ana, CA 92701 Staff Report November 16, 2021 TOPIC: Periodic Quarterly Report of Investments as of September 30, 2021 AGENDA TITLE: Receive and File Quarterly Report of Investments as of September 30, 2021 RECOMMENDED ACTION Receive and file. DISCUSSION California Code Section 53646 (b) states that if a quarterly report is rendered to the legislative body, the quarterly investment report shall be submitted within 30 days following the end of the quarter covered by the report. In an effort to meet the statutory requirement, Finance & Management Services Agency (“FMSA”) submits the Report via email for review and distribution to the City Council in advance. The report was emailed for distribution on October 25, 2021. The legislation specifies that this quarterly report contain the seven major elements listed below: 1. Type of investments, 2. Date of maturity, 3. Par and dollar amounts invested in each security, 4. Weighted average maturity of the investments, 5. Market value as of the date of the report, 6. Source of the market value information, and 7. Any funds, investments or programs, including loans, under the management of contracted parties. These specifications include a statement outlining the ability of the City to meet the budgeted expenditures for the subsequent six months be submitted to the City Council on a quarterly basis. Staff performs an end-of-month expenditure analysis to comply with the expenditure requirement and a statement confirming the ability to meet this requirement in the monthly and quarter-ending Treasurer’s Report. The information is in compliance with State law and the City’s Investment Policy. The attached Treasurer’s Report (Exhibit 1) accurately reflects all pooled investments held on behalf of the City as of September 30, 2021. Quarterly Report of Investments November 16, 2021 Page 2 2 2 3 2 The attached Cash held by Bank and Cash held by Fund(s) Listing (Exhibit 2) is a schedule of cash by funds added to the monthly and quarterly Report of Investments to enhance FMSA’s reporting and transparency. The following two tables represent: (1) percentage limits set by the City’s Investment Policy and State Law and shows respective City investment portfolio investment types, amounts, and percentages; and (2) the restricted cash balance as of September 30, 2021. Type of Investment Amounts Invested $ Portfolio % COSA Policy Limits % State Law Limits % Federal Farm Credit Bank (FFCB)$51,909,210 13.30%None None Federal Home Loan Bank (FHLB)$133,648,358 34.23%None None Federal Home Loan Mortgage Corp. (FHLMC)$49,991,250 12.80%None None Federal National Mortgage Association (FNMA)$61,899,880 15.85%None None Local Agency Investment Fund (LAIF)$29,027,540 7.44%None None Local Agency Investment Fund (LAIF – ARPA)$63,936,641 16.38%None None Sub- Total:$390,412,880 100%None None Cash :$32,248,630 Total:$422,661,509 Restricted Cash In $ Restricted Cash †,$43,662,267 Total $43,662,267 † Restricted cash is held by various Trustees such as Bank of New York Mellon; US Bank; Signature Bank; and State of California Condemnation Fund. Restricted Cash is segregated from cash used for daily operations. The following City investment portfolio graph represents percentages within the respective investment types as of September 30, 2021. Quarterly Report of Investments November 16, 2021 Page 3 2 2 3 2 The following two tables represent, as of September 30, 2021: (1) the aggregate Average Market Yield To Date (AMTD); and (2) the breakdown of by investment type. Aggregate Average Market Yield To Date Average Month To Date (AMTD)0.730% Investments Par Value of Investments YTM % of Portfolio LAIF $29,027,539.85 0.206%7.44%0.015% LAIF (ARPA)$63,936,641.14 0.206%16.38%0.034% Federal Agency Securities $297,448,698.58 0.894%76.19%0.681% $390,412,880 0.730%100.00%0.730% Cash held by Bank and Cash by Fund(s) Listing (Exhibit 2) The above-referenced exhibit (Exhibit 2) includes a comparison of bank balances between each City Cash account including Investments; Cash held at a City designated financial institution; Cash on Hand; and Restricted Cash versus the Cash held by various Fund(s). ENVIRONMENTAL IMPACT There is no environmental impact associated with this action. FISCAL IMPACT There is no fiscal impact associated with this action. EXHIBIT(S) 1. Treasurer’s Report 2. Cash Held by Bank and Cash Fund(s) Listing Submitted By: Kathryn Downs, FMSA Executive Director Approved By: Kristine Ridge, City Manager City of Santa Ana Portfolio Management September 30, 2021 Portfolio Summary % of Portfolio Book ValueInvestmentsMarket Value Par Value Days to MaturityTerm YTM/C Local Agency Investment Funds 29,027,539.85 17.44 0.206129,027,539.8529,027,539.85 Cash in Banks 63,936,641.14 116.38 0.206163,936,641.1463,936,641.14 Federal Agency Coupon Securities 297,448,698.58 1,71376.19 0.894400297,570,931.75297,600,000.00 390,412,879.57 100.00%Investments 390,535,112.74390,564,180.99 1,305 305 0.730 Cash (not included in yield calculations)Passbook/Checking 32,248,629.54 1 0.000132,248,629.5432,248,629.54 422,661,509.11Total Cash and Investments 422,783,742.28422,812,810.53 1,305 305 0.730 Current Year September 30 228,314.25 Fiscal Year To Date 750,620.87 Average Daily Balance Effective Rate of Return 453,785,589.60 464,648,534.52 0.64%0.61% Total Earnings Month Ending This report contains all the required information in SB 866 and SB 564 and accurately reflects all pooled investments held during this reporting period on behalf of the City and the City of Santa Ana acting on behalf of the Community Redevelopment Agency. The information reported herein is in compliance with State law and the City's Investment Policy. Based on liquidity of investments, the City of Santa Ana is able to meet budgeted expenditure requirements for the next six months, barring any catastrophic natural disasters. Market pricings are obtained through the City's third party trust services at BNY Mellon Trust. __________________________________________________ ____________________ Finance & Mgmt Services Agency, Portfolio COSA CP Reporting period 09/01/2021-09/30/2021 Run Date: 10/11/2021 - 17:38 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.5 EXHIBIT 1 YTM/C 365 Page 1 Par Value Book Value Maturity Date Stated RateMarket Value September 30, 2021 Portfolio Details - Investments Average BalanceIssuer Portfolio Management City of Santa Ana Days to Maturity YTM/C 360CUSIPInvestment # Purchase Date Local Agency Investment Funds 0.206Local Agency Investment FundLAIFCITY 29,027,539.85 29,027,539.85 0.20629,027,539.85 0.203LAIFCITY 1 29,027,539.85 0.20329,027,539.8529,027,539.8572,527,539.85Subtotal and Average 0.206 1 Cash in Banks 0.206Local Agency Investment FundLAIF ARPA 63,936,641.14 63,936,641.14 0.20663,936,641.14 0.203LAIF ARPA 1 63,936,641.14 0.20363,936,641.1463,936,641.14102,974,851.17Subtotal and Average 0.206 1 Federal Agency Coupon Securities 2.670Federal Farm Credit Bank13868 925,000.00 924,195.25 10/23/20232.65001/29/2019 968,817.25 2.6343133EJ5W5 752 2.619Federal Farm Credit Bank13876 3,000,000.00 2,998,740.00 02/27/20242.61003/04/2019 3,156,030.00 2.5833133EKBW5 879 2.430Federal Farm Credit Bank13884 2,000,000.00 1,975,960.00 05/15/20232.12503/15/2019 2,061,020.00 2.3963133ECPM0 591 1.920Federal Farm Credit Bank13897 1,500,000.00 1,512,465.00 09/05/20232.12506/10/2019 1,552,245.00 1.8943133EKPG5 704 1.420Federal Farm Credit Bank13932 2,500,000.00 2,496,700.00 10/11/20221.37510/11/2019 2,532,750.00 1.4013133EKY91 375 1.606Federal Farm Credit Bank13934 5,000,000.00 5,003,650.00 10/23/20231.62510/23/2019 5,131,650.00 1.5843133EK3M6 752 0.690Federal Farm Credit Bank13974 6,000,000.00 6,000,000.00 07/22/20250.69007/22/2020 5,972,640.00 0.6813133ELX33 1,390 0.530Federal Farm Credit Bank13988 5,000,000.00 5,000,000.00 09/29/20250.53009/29/2020 4,924,300.00 0.5233133EMBH4 1,459 0.550Federal Farm Credit Bank13991 5,000,000.00 4,997,500.00 11/03/20250.54011/03/2020 4,958,550.00 0.5433133EMFR8 398 0.800Federal Farm Credit Bank14005 4,000,000.00 4,000,000.00 03/09/20260.80003/09/2021 3,979,560.00 0.7893133EMSU7 524 0.710Federal Farm Credit Bank14006 6,000,000.00 6,000,000.00 04/01/20250.71004/01/2021 5,997,360.00 0.7003133EMUP5 182 0.710Federal Farm Credit Bank14016 5,000,000.00 5,000,000.00 04/21/20250.71004/21/2021 5,001,100.00 0.7003133EMWH1 202 0.710Federal Farm Credit Bank14032 6,000,000.00 6,000,000.00 08/10/20260.71008/10/2021 5,928,900.00 0.7003133EM2C5 678 1.980Federal Home Loan Bank13825 3,175,000.00 3,170,488.33 01/10/20221.95001/11/2017 3,191,319.50 1.9533130AAKW7 101 1.815Federal Home Loan Bank13845 5,000,000.00 5,000,000.00 06/27/20221.81506/27/2017 5,062,950.00 1.7903130ABBNS1 269 2.699Federal Home Loan Bank13854 1,500,000.00 1,486,650.00 03/10/20232.50005/31/2018 1,550,340.00 2.6623130ADMX7 525 2.541Federal Home Loan Bank13873 2,000,000.00 1,996,220.00 02/13/20242.50002/27/2019 2,101,080.00 2.5063130AFW94 865 2.380Federal Home Loan Bank13889 3,000,000.00 2,999,250.00 03/08/20242.37504/29/2019 3,148,980.00 2.3483130AB3H7 889 0.580Federal Home Loan Bank13996 4,000,000.00 4,000,000.00 01/28/20260.58001/28/2021 3,960,320.00 0.5723130AKPQ3 119 0.520Federal Home Loan Bank13997 5,000,000.00 5,000,000.00 01/28/20260.52001/28/2021 4,941,500.00 0.5133130AKU53 27 0.500Federal Home Loan Bank13998 6,000,000.00 6,000,000.00 01/28/20260.50001/28/2021 5,929,980.00 0.4933130AKN69 119 0.600Federal Home Loan Bank13999 5,000,000.00 5,000,000.00 02/25/20260.60002/25/2021 4,949,300.00 0.5923130ALA53 147 0.625Federal Home Loan Bank14001 5,000,000.00 5,000,000.00 02/24/20260.62502/24/2021 4,953,100.00 0.6163130ALBM5 54 0.375Federal Home Loan Bank14002 5,000,000.00 5,000,000.00 02/25/20250.37502/25/2021 4,969,300.00 0.3703130ALB52 147 0.500Federal Home Loan Bank14003 4,000,000.00 4,000,000.00 03/10/20250.50003/10/2021 3,984,040.00 0.4933130ALDZ4 70 0.500Federal Home Loan Bank14004 4,000,000.00 4,000,000.00 09/24/20240.50003/24/2021 3,994,880.00 0.4933130ALKN3 84 0.702Federal Home Loan Bank14007 6,000,000.00 5,997,000.00 03/17/20250.65003/29/2021 5,990,700.00 0.6923130ALLP7 77 1.100Federal Home Loan Bank14008 5,000,000.00 5,000,000.00 04/22/20261.10004/22/2021 4,998,850.00 1.0853130ALW67 21 Portfolio COSA CP Run Date: 10/11/2021 - 17:38 PM (PRF_PM2) 7.3.0 Report Ver. 7.3.5 YTM/C 365 Page 2 Par Value Book Value Maturity Date Stated RateMarket Value September 30, 2021 Portfolio Details - Investments Average BalanceIssuer Portfolio Management City of Santa Ana Days to Maturity YTM/C 360CUSIPInvestment # Purchase Date Federal Agency Coupon Securities 1.050Federal Home Loan Bank14024 6,000,000.00 6,000,000.00 06/30/20261.05006/30/2021 5,988,600.00 1.0363130AMYU0 90 1.000Federal Home Loan Bank14025 6,000,000.00 6,000,000.00 03/30/20261.00006/30/2021 5,991,300.00 0.9863130AMYC0 90 0.400Federal Home Loan Bank14026 6,000,000.00 6,000,000.00 06/28/20240.40006/28/2021 5,990,880.00 0.3953130AMSF0 88 0.850Federal Home Loan Bank14027 5,000,000.00 5,000,000.00 07/29/20260.85007/29/2021 4,968,000.00 0.8383130ANFU9 301 0.875Federal Home Loan Bank14028 5,000,000.00 5,000,000.00 05/18/20260.87508/18/2021 4,985,900.00 0.8633130ANFG0 140 0.908Federal Home Loan Bank14029 5,000,000.00 5,000,000.00 07/29/20260.50007/29/2021 4,983,400.00 0.8963130ANE30 28 0.550Federal Home Loan Bank14033 5,000,000.00 5,000,000.00 12/19/20240.55008/19/2021 4,991,700.00 0.5423130ANHV5 49 0.700Federal Home Loan Bank14034 6,000,000.00 6,000,000.00 08/26/20250.70008/26/2021 5,981,280.00 0.6903130ANPE4 329 0.900Federal Home Loan Bank14035 6,000,000.00 6,000,000.00 08/27/20260.90008/27/2021 5,970,720.00 0.8883130ANQ78 514 0.820Federal Home Loan Bank14036 5,000,000.00 5,000,000.00 09/30/20260.82009/30/2021 4,948,150.00 0.8093130AP3E3 364 0.650Federal Home Loan Bank14037 5,000,000.00 5,000,000.00 06/30/20250.65009/30/2021 4,991,000.00 0.6413130ANX62 180 1.000Federal Home Loan Bank14038 5,000,000.00 5,000,000.00 09/30/20261.00009/30/2021 4,993,800.00 0.9863130APB79 364 0.855Federal Home Loan Bank14039 5,000,000.00 4,998,750.00 06/29/20260.85009/29/2021 4,975,050.00 0.8443130AP3A1 179 1.936Federal Home Loan Mortgage Co.13839 5,000,000.00 4,997,500.00 06/29/20221.92506/29/2017 5,068,350.00 1.9093134GBVA7 271 0.720Federal Home Loan Mortgage Co.13962 5,000,000.00 4,995,000.00 05/05/20250.70005/05/2020 5,002,150.00 0.7113134GVQX9 1,312 0.767Federal Home Loan Mortgage Co.13964 5,000,000.00 4,998,750.00 05/28/20250.75005/28/2020 4,994,250.00 0.7563134GVVX3 58 0.700Federal Home Loan Mortgage Co.13967 6,000,000.00 6,000,000.00 06/25/20250.70006/25/2020 5,973,180.00 0.6903134GVR26 267 0.650Federal Home Loan Mortgage Co.13968 6,000,000.00 6,000,000.00 06/30/20250.65006/30/2020 5,969,400.00 0.6413134GVT99 272 0.570Federal Home Loan Mortgage Co.13979 6,000,000.00 6,000,000.00 07/15/20240.57007/15/2020 6,001,260.00 0.5623134GV5R5 14 0.500Federal Home Loan Mortgage Co.13987 5,000,000.00 5,000,000.00 09/30/20250.50009/30/2020 4,931,350.00 0.4933134GWUE4 364 0.540Federal Home Loan Mortgage Co.13989 6,000,000.00 6,000,000.00 10/27/20250.54010/27/2020 5,922,060.00 0.5333134GW4Z6 391 0.500Federal Home Loan Mortgage Co.13995 6,000,000.00 6,000,000.00 12/30/20250.50012/30/2020 5,935,560.00 0.4933134GXJL9 90 2.689Federal Nat'l Mtg. Assoc.13850 2,000,000.00 1,971,780.00 01/19/20232.37503/28/2018 2,056,540.00 2.6533135G0T94 475 2.647Federal Nat'l Mtg. Assoc.13856 1,000,000.00 971,950.00 04/05/20221.87505/31/2018 1,009,210.00 2.6113135G0T45 186 2.702Federal Nat'l Mtg. Assoc.13857 1,000,000.00 971,400.00 10/05/20222.00005/31/2018 1,019,330.00 2.6653135G0T78 369 1.664Federal Nat'l Mtg. Assoc.13940 5,000,000.00 4,990,750.00 01/07/20251.62501/15/2020 5,169,450.00 1.6413135G0X24 1,194 1.651Federal Nat'l Mtg. Assoc.13941 5,000,000.00 4,994,000.00 10/15/20241.62501/15/2020 5,166,050.00 1.6293135G0W66 1,110 0.750Federal Nat'l Mtg. Assoc.13965 5,000,000.00 5,000,000.00 06/16/20250.75006/16/2020 4,999,250.00 0.7403136G4WV1 1,354 0.510Federal Nat'l Mtg. Assoc.13976 8,000,000.00 8,000,000.00 07/28/20250.51007/28/2020 7,960,640.00 0.5033136G4D42 665 0.650Federal Nat'l Mtg. Assoc.13977 6,000,000.00 6,000,000.00 08/14/20250.65008/14/2020 5,954,280.00 0.6413136G4C43 1,413 0.560Federal Nat'l Mtg. Assoc.13978 6,000,000.00 6,000,000.00 08/12/20250.56008/12/2020 5,966,760.00 0.5523136G4G98 315 0.530Federal Nat'l Mtg. Assoc.13990 6,000,000.00 6,000,000.00 10/28/20250.53010/28/2020 5,950,320.00 0.5233136G45Q2 392 0.625Federal Nat'l Mtg. Assoc.13992 5,000,000.00 5,000,000.00 11/25/20250.62511/25/2020 4,969,500.00 0.6163135GA4V0 420 0.600Federal Nat'l Mtg. Assoc.13993 6,000,000.00 6,000,000.00 12/17/20250.60012/17/2020 5,950,620.00 0.5923135GAAN1 77 0.650Federal Nat'l Mtg. Assoc.13994 6,000,000.00 6,000,000.00 12/10/20250.65012/10/2020 5,950,080.00 0.6413135G06J7 70 297,448,698.58 0.881297,570,931.75297,600,000.00278,283,198.58Subtotal and Average 0.894 400 Portfolio COSA CP Run Date: 10/11/2021 - 17:38 PM (PRF_PM2) 7.3.0 YTM/C 365 Page 3 Par Value Book Value Stated RateMarket Value September 30, 2021 Portfolio Details - Investments Average BalanceIssuer Portfolio Management City of Santa Ana Days to Maturity YTM/C 360CUSIPInvestment # Purchase Date 0.720453,785,589.60 390,564,180.99 0.730 305390,535,112.74 390,412,879.57Total and Average Portfolio COSA CP Run Date: 10/11/2021 - 17:38 PM (PRF_PM2) 7.3.0 YTM/C 365 Page 4 Par Value Book Value Stated RateMarket Value September 30, 2021 Portfolio Details - Cash Average BalanceIssuer Portfolio Management City of Santa Ana Days to Maturity YTM/C 360CUSIPInvestment # Purchase Date Cash in Banks 0.000CITY OF SANTA ANAPETTY CASH 90,052.99 90,052.9907/01/2021 90,052.99 0.000PETTY CASH 1 0.000JP MORGAN CHASE13943 3,961,924.00 3,961,924.0007/01/2021 3,961,924.00 0.000HOUSING 1 0.000JP MORGAN CHASE37983 2,599,346.91 2,599,346.912,599,346.91 0.000WORKERS COMPENS 1 0.000JP MORGAN CHASE38130 2,267,806.64 2,267,806.642,267,806.64 0.000GENERAL LIABILI 1 0.000JP MORGAN CHASE8695 36,584.30 36,584.3007/01/2021 36,584.30 0.000PROPERTY MANAGE 1 0.000JP MORGAN CHASEPROP MGMT 2 1,492.50 1,492.5007/01/2021 1,492.50 0.000PROPERTY MGMT 2 1 0.000JPMorgan Chase0112 349,206.59 349,206.59349,206.59 0.000HEALTHCARE SPEN 1 0.000JPMorgan Chase7962 434,485.60 434,485.60434,485.60 0.000COMMISSARY 1 0.000JPMorgan Chase9500 21,763,824.66 21,763,824.6621,763,824.66 0.000GENERAL ACCOUNT 1 0.000Santa Ana Federal Credit UnionFSS 743,905.35 743,905.35743,905.35 0.000FSS 1 0.00 0.720453,785,589.60 422,812,810.53 0.730 305 1Average Balance 422,783,742.28 422,661,509.11Total Cash and Investments Portfolio COSA CP Run Date: 10/11/2021 - 17:38 PM (PRF_PM2) 7.3.0 CUSJP Investment# Issuer Money Market Accounts X9USDDTPC 80364 Dreyfus Treasury X9USDDTPC 80365 Dreyfus Treasury X9USDDEFU-80107 INSTL RES TRE AND AGNY CASH 9AMMF05B2-80406 US BANK MONEY MARKET 9AMMF05B2-80407 US BANK MONEY MARKET SYS80418 80418 US BANK MONEY MARKET SYS80419 80419 US BANK MONEY MARKET SYS80421 80421 US BANK MONEY MARKET X9USDMOR3-80243 MORGAN ST AN LEY GOVT INSTL X9USDMOR3 80248 MORGAN ST AN LEY GOVT !NSTL Subtotal and Average Other S86209710 80225 MBIA INSURANCE POLICY 981NP5PV2 80396 ASSURED GUARANTY MUNI CORP Subtotal and Average Cash in Bank SYS80414 80414 SIGNATURE BANK SYS80415 80415 CONDEMNATION DEPOSIT FUND Subtotal and Average Total and Average Run Date: 10/12/2021-09:55 CASH/SECURITIES HELD IN TRUST Portfolio Management Portfolio Details -Investments September 30, 2021 Par Value Market Value 10,571.46 10,571.46 1,204.24 1,204.24 19.19 19.19 0.71 0.71 1.05 1.05 41,125,871.78 41,125,871.78 105,343.76 105,343.76 5.29 5.29 108,850.82 108,850.82 1.56 1.56 -- 41,351,869.86 41,351,869.86 1.00 1.00 1.00 1.00 -- 2.00 2.00 1,268,869.87 1,268,869.87 1,041,525.00 1,041,525.00 2,310,394.87 2,310,394.87 43,662.266.73 43,662,266.73 Book Value 10,571.46 1,204.24 19.19 0.71 1.05 41,125,871.78 105,343.76 5.29 108,850.82 1.56 41,351,869.86 1.00 1.00 2.00 1,268,869.87 1,041,525.00 2,310,~94.87 43,662,266.73 Page 1 d Digitally signed by Alexan e Alexandecninidad T . "d d Date,2021.10.12 r n rn a m20,11 -07'00' Maturity Date Portfolio TRST AC PM (PRF_PM2) 7.3.0 Report Ver. 7.3.5 Quarterly Report of Investments as of September 30, 2021 Exhibit 2 - Cash held by Bank and Cash by Fund(s) Listing Page 1 of 3 Investments Amount Bank of New York Mellon - Investment Custodian 297,448,699 Local Agency Investment Fund (L.A.I.F)29,027,540 Local Agency Investment Fund (L.A.I.F) - ARPA 63,936,641 Total - Investments 390,412,880 Cash Held at City Financial Institution(s) and Cash on Hand Amount General Account 21,763,825 General Liability Account 2,267,807 Housing Account 3,961,924 Workers Compensation Account 2,599,347 Santa Ana Federal Credit Union - Family Self Sufficiency (FSS-Housing) 743,905 Commissary Account 434,486 Flexible Benefit Spending Account 349,207 Property Management Account 36,584 Property Management - Phase 2 Account 1,493 Petty Cash 90,053 Total - Cash Held at City Financial Institution(s) and Cash on Hand 32,248,630 Restricted Cash Amount Signature Bank - Streetlight Project 1,268,870 US Bank - Pension Stability Funds (Section 115 Trust with PARS)41,125,872 Bank of New York Mellon - Various 120,627 US Bank - Warner Industrial Community 105,344 State of California Condemnation Fund - Right of Way Deposits 1,041,525 US Bank - Gas Tax Bonds 30 Total - Restricted Cash 43,662,267 Total Cash Held City at Financial Institution(s), Cash on Hand and Restricted Cash 466,323,776 Cash by Fund(s) - Total (see below for listing)466,323,776 Fund Fund description Amount 011 GENERAL FUND 66,190,988 012 CANNABIS PUBLIC BENEFIT 17,264,158 016 CASP CERTIFICATION & TRAINING 265,251 020 OTS-TRAFFIC OFFENDER PROGRAM 37,708 021 PRCSA CATV FUND 1,289,728 022 PRCSA FEE & DONATION 346,505 023 INMATE WELFARE FUND 1,627,345 024 PD ATHLETIC ACTIVITIES LEAGUE (75,825) 025 IDB & EZ VOUCHER MONITORING 197,126 026 ASSET FORFEITURE FUND 135,355 027 PARKING FUND 312,133 029 SPECIAL GAS TAX 27,116,074 030 PROP 1B BOND ACT OF 2006 152,913 031 AIR QUALITY IMPR. (AB 2766)1,656,812 032 MEASURE M-STREET CONSTRUCTION (2,806,400) 033 NEW TRANSPO SYS IMPR AREA B 542,658 034 NEW TRANSPO SYS IMPR AREA E 1,540,215 035 NEW TRANSPO SYS IMPR AREA F 1,664,729 041 TRANSP SYS IMPR AREA A-2 329,920 042 TRANSPO SYS IMPR AREA B 9,529 048 TRANSPO SYS IMPR AREA C-2 212,847 049 TRANSPO SYS IMPR AREA G 98,104 051 CAPITAL OUTLAY FUND 5,153,516 053 CITY SERVICES 6,781,982 054 SANITARY SEWER CAPITAL 21,115,367 055 SEWER CONNECTION FEE 11,024,737 056 SANITARY SEWER SERVICE 7,068,207 057 FED CLEAN WATER PROTECTION ENT 4,926,781 058 RESIDENTIAL STREET IMPROVEMENT 4,565,491 059 SELECT STREET CONSTRUCTION 18,436,278 060 WATER REVENUE 46,541,062 066 ACQUISITION & CONSTRUCTION 2,069,236 067 REGIONAL TRANSP CENTER (1,653,868) 068 SANITATION FUND 7,078,054 069 REFUSE COLLECTION SERVICE 5,869,040 EXHIBIT 2 Quarterly Report of Investments as of September 30, 2021 Exhibit 2 - Cash held by Bank and Cash by Fund(s) Listing Page 2 of 3 070 EQUIPMENT REPLACEMENT FUND 6,510,595 071 CENTRAL SERVICES (146,383) 073 BUILDING MAINT FUND 987,524 074 CIVIC CENTER MAINTENANCE (905,641) 075 FLEET MAINTENANCE/STORES 321,773 076 STORES & PROPERTY CONTROL (304,521) 078 RETIREMENT SYSTEM 982,690 080 LIABILITY AND PROPERTY INS FND 12,668,119 081 EMPLOYEE GROUP INSURANCE (1,598,917) 082 WORKERS COMPENSATION FUND 15,616,577 083 PAYROLL REVOLVING 6,611,602 085 CITY YARD OPERATION 124,826 086 PUB WKS ENG/PROJ MGMT (703,682) 087 PT RETIREMENT FUND 8,671 088 QUALITY SERVICE TRAINING 375,463 089 CA SEISMIC HAZARD PROGRAM 6,041 090 ORANGE CO SANITATION DIST 2&3 1,260,468 093 BUSINESS IMPROVEMENT DISTRICT 147,889 094 INTEREST AGENCY - 095 POLICE COMMISSARY ACCOUNT 310,657 096 SA TOURISM MARKETING DISTRICT 99,433 100 SECTION 457 FIDUCIARY ADMIN 67,141 101 PUB WKS-ADMIN & PLANNING 1,037,634 103 PMA RETIREE HEALTH INSURANCE (84,449) 104 SEIU RETIREE HEALTH INSURANCE 23,250 106 MGMT RETIREE HEALTH INSURANCE 8,201 107 UC RETIREE HEALTH INSURANCE 2,012 109 INFO SYS STRATEGIC PLAN 13,157,967 110 STRONG MOTION INSTRUMENTATION 98,108 120 FIRE FACILITIES FUND 1,608,825 121 SPECIAL REPAIR/DEMOLITION 562,433 122 EMERGENCY & HEALTH GRANTS 9,244,161 123 WORKFORCE INVESTMENT ACT (297,143) 124 ORANGE COUNTY SSA GRANTS (155,286) 125 OES UASI (443,700) 127 D.O.J. GRANT FUND (61,796) 128 POLICE BLOCK GRANTS 586,361 130 HOME PROGRAM FEDERAL GRANT 1,199,903 133 HOUSING AUTHORITY-ISSUER FEE 2,718,788 135 COMMUNITY DEV BLOCK GRANT (785,314) 136 HOUSING AUTHORITY-VOUCHER HAP 835,946 137 HOUSING AUTHORITY- MAINSTREAM - 138 HOUSING AUTHORITY-MS 5 1,144,430 139 HOUSING AUTHORITY-NEW CONSTR 141,224 140 HOUSING AUTHORITY-VOUCHER ADM 2,191,899 142 NSP FEDERAL GRANT 1,402,314 143 CALHOME MFGD HSG LOAN 627,958 144 PRISON TO EMPLOYMENT PROGRAM (338,959) 145 RENTAL REHABILITATION GRANT 394,378 147 FEDERAL AID SAFETY PROGRAM (879,756) 148 TRAFFIC SYSTEM MGMT GRANT (6,818,450) 149 WIC ASSESSMENT DIST ST IMPRV 32,654 152 PUBLIC LIBRARY GRANT FUND (324) 153 LIBRARY GRANTS 42,388 154 LIBRARY SVCS & TECHNOLOGY ACT 5,978 155 OCJP GRANT 36,355 157 HSG ADMIN CARES ACT COVID-19 5,512 158 PLANNING GRANTS PROGRAM 2,639,109 160 HSG HAP CARES ACT COVID-19 - 161 PRCSA CAPITAL GRANTS (652,515) 162 ENERGY CONSERVATION PROGRAM 86,445 164 PUB WKS-WTR QUALITY & CONTROL (1,793,071) 165 OFFICE OF SAFETY GRANT 165,472 166 US DOJ ASSET FORFEITURE FUND 1,135,559 167 US TREASURY ASSET FORFEITURE 138,969 169 RECREATION GRANTS FUND 429,364 170 MS5 HAP CARES ACT COVID-19 (1,062,375) 172 NATL RECREATION TRAILS FND ACT 17,102 175 CARES ACT - CESF - 176 CARES ACT - State - 177 EMERGENCY RENTAL ASSISTANCE PG 4,387,803 178 COVID RELIEF FUND - 179 GENERAL FIXED ASSETS 329,223 180 ARPA EHV ADMIN FEES 222,024 181 AMERICAN RESCUE PLAN ACT 63,836,280 Quarterly Report of Investments as of September 30, 2021 Exhibit 2 - Cash held by Bank and Cash by Fund(s) Listing Page 3 of 3 201 LOCAL DRAINAGE AREA NO 1 132 202 LOCAL DRAINAGE AREA NO 2 1,426 203 LOCAL DRAINAGE AREA NO 3 753,186 204 LOCAL DRAINAGE AREA NO 4 1,053 205 LOCAL DRAINAGE AREA NO 5 598 206 LOCAL DRAINAGE AREA NO 6 878 207 LOCAL DRAINAGE AREA NO 7 193,697 209 LOCAL DRAINAGE AREA NO 9 731 210 LOCAL DRAINAGE AREA NO 10 17,128 211 LOCAL DRAINAGE AREA NO 11 222 212 LOCAL DRAINAGE AREA NO 12 13 213 LOCAL DRAINAGE AREA NO 13 2,691 221 LOCAL DRAINAGE AREA I 979,990 222 LOCAL DRAINAGE AREA II 235,108 223 LOCAL DRAINAGE AREA III 418,723 224 LOCAL DRAINAGE AREA IV 481,402 225 LOCAL DRAINAGE AREA V 256,133 226 LOCAL DRAINAGE AREA VI 216,964 301 REC/COMM SVS 5,375 311 RESIDENTIAL DEVELOP DISTRICT 1 3,232,047 312 RESIDENTIAL DEVELOP DISTRICT 2 4,182,860 313 RESIDENTIAL DEVELOP DISTRICT 3 11,228,478 314 RESIDENTIAL DEVELOP DISTRICT 4 568,229 400 POLICE UUT LEASE REVENUE BONDS 1,161,260 403 SCAG GRANTS - 404 COSA 2014 LEASE FINANCING 1,363,245 417 INCLUSIONARY HOUSING FEE 15,504,515 418 CDA - PEEBLER CAPITAL FUND 4,450,979 607 HOUSING AUTHORITY LMIHF 3,647,769 652 2003A SERIES TAX ALLOC BOND - 654 2011A SERIES TAX ALLOC BOND - 655 2018A SERIES TAX ALLOC BOND 11,768 658 2003B SERIES ALLOC BOND - 670 COSA RDA 397,821 671 COSA RDA OBLIGATION RETIREMENT 461,675 980 SAN JUANQUIN TRANS CORRIDOR - 981 EASTERN FOOTHILL TRANS CORRIDO - 991 TRAN SYS IMP AUT C-2 TUSTIN 2,168,567 992 TRAN SYS IMP AUT AREA D-TUSTIN 10,743,405 993 WIC ASSESSMENT DISTRICT 272,907 998 TREASURERS AGENCY COLLECTIONS 27,962 999 Lawson Clearing 1,693 Reconciling Item(s) - Outstanding Checks *2,014,145 Reconciling Item(s) - Bank Direct Deposits*1,008,575 Reconciling Item(s) - Deposits in Transit*470,895 Reconciling Item(s) - Withdrawals in Transit*3,486,117 Reconciling Item(s) - Various*(293,556) Reconciling Item(s) - Various: A difference between C ash held by Financial Institution, Fiscal Agent and Cash on Hand exists when comparing to Cash by Fund due, to reconciling items such as timing of payments; outstanding checks; and deposits in transit